
Facing Job Loss? Get the Right Redundancy Advice in Ireland
That's why getting the right redundancy advice Ireland is crucial. Understanding your rights, knowing what compensation you're entitled to, and planning your next steps can make this challenging transition more manageable—and even present new opportunities for growth and change.
This comprehensive guide will help you understand the key aspects of redundancy in Ireland, your legal rights, and where to seek the best advice and support.
Redundancy occurs when an employer needs to reduce the workforce because a role is no longer required. This can be due to a variety of reasons: Closure of the business or part of the business
Financial difficulties
Outsourcing or relocation of work
Introduction of new technologies
Restructuring or reorganization
Redundancy is not the same as being dismissed for performance or disciplinary reasons. It's a legal process and must follow specific rules and criteria.
Irish employment law provides several protections and rights to employees facing redundancy. Understanding these rights is essential to ensure fair treatment and appropriate compensation.
If you have been working continuously for your employer for at least two years, you may be entitled to a statutory redundancy payment. This payment is calculated as: Two weeks' gross pay for every year of service , plus
, plus One additional bonus week
There is a cap on the weekly wage used for calculation, currently €600 per week (as of 2025).
Example: If you've worked for 5 years and earn €700 per week, your statutory redundancy would be:
(2 x €600 x 5) + €600 = €6,600
Your employer must give you notice based on your length of service: 13 weeks to 2 years – 1 week
2 to 5 years – 2 weeks
5 to 10 years – 4 weeks
10 to 15 years – 6 weeks
Over 15 years – 8 weeks
Alternatively, your employer may offer pay in lieu of notice.
The redundancy process must be fair and non-discriminatory. Common selection methods include: Last in, first out (LIFO)
Voluntary redundancy
Skills-based selection
You have the right to challenge an unfair selection through the Workplace Relations Commission (WRC).
If you've been given notice of redundancy, you're entitled to reasonable time off to attend interviews or training during working hours—without a pay deduction.
Navigating redundancy without proper guidance can lead to missed entitlements or poor decisions. Here are some common mistakes to avoid: ❌ Accepting an offer without reviewing it thoroughly
❌ Not checking if the employer followed fair procedures
❌ Failing to claim statutory redundancy on time
❌ Missing deadlines for appealing unfair treatment
❌ Not seeking legal or financial advice early
Getting expert advice early on can help you understand your options and take control of your situation. Here are the best places to seek support: Offers free, impartial information on redundancy rights
Handles complaints about unfair dismissal or redundancy process
Website: www.workplacerelations.ie
A trusted source for clear, easy-to-understand guidance
Provides face-to-face and phone advice
Website: www.citizensinformation.ie
Offer personalized legal advice
Can review redundancy packages and contracts
Help with unfair dismissal claims and settlement negotiations
Represent your interests in negotiations
Can help ensure your redundancy process is fair
Some unions provide legal advice services
Help you plan your finances after job loss
Offer free budgeting tools and debt advice
Website: www.mabs.ie
If you're facing redundancy, ask your employer or advisor the following: What is the reason for the redundancy?
What selection criteria are being used?
Am I eligible for statutory redundancy?
Will there be any enhanced (ex gratia) payment?
What is the notice period or pay in lieu?
Can I take time off for job searching or interviews?
Are there any retraining or upskilling opportunities?
Sometimes employers will offer voluntary redundancy to avoid forced layoffs. This can include: A more generous financial package than statutory entitlements
Benefits continuation for a fixed period
Early retirement incentives
Voluntary redundancy can be appealing, but it's important to understand the long-term consequences, such as: Loss of job security and pension contributions
Difficulty finding new employment
Tax implications of lump-sum payments
Always seek professional advice before accepting a voluntary redundancy offer.
Statutory redundancy payments are tax-free. However, additional ex gratia or compensation payments may be subject to income tax, PRSI, and USC (Universal Social Charge), depending on: Your length of service
Whether a tax exemption or SCSB (Standard Capital Superannuation Benefit) applies
Whether you've received redundancy before
Speak to a tax advisor or Revenue.ie for a breakdown of your situation.
Losing a job is not the end—it can be the beginning of a new chapter. Here's how to prepare for life after redundancy:
You may be eligible for Jobseeker's Benefit or Jobseeker's Allowance, depending on your PRSI contributions and income level.
Redundancy can be an opportunity to change careers or upgrade your skills. Consider: Springboard+ programmes (free higher education)
SOLAS training and apprenticeships
Online courses (Udemy, Coursera, etc.)
Refresh your CV with your most recent skills and experience. Highlight any achievements or certifications earned during your previous job.
Let your network know you're open to new opportunities. Attend industry events, job fairs, or online communities.
Job loss can lead to stress, anxiety, or depression. Talk to friends and family, or consider speaking with a mental health professional. You are not alone.
Redundancy can feel like a personal setback, but with the right support and advice, it can also be a stepping stone toward new beginnings. Ireland offers a solid legal framework to protect workers, but understanding and using those protections requires knowledge and often expert help.
Whether you're evaluating a redundancy offer, disputing unfair treatment, or planning your next career move, get the right redundancy advice. It could make all the difference in how you recover—both financially and emotionally—from job loss.
Remember: This is a transitional phase, not the end of your journey. With the right guidance, you can come out stronger, smarter, and more prepared for what comes next.
TIME BUSINESS NEWS

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
16 hours ago
- Yahoo
Eurozone growth slows: Spain leads and Germany contracts
After a strong start to the year, the eurozone economy lost some steam in the second quarter of 2025, with fresh data showing a clear slowdown. Germany, the bloc's economic powerhouse, fell back into contraction territory, while Spain continued to outpace its peers. According to the preliminary flash estimate released on Wednesday, seasonally adjusted gross domestic product (GDP) rose by 0.1% in the eurozone and by 0.2% in the European Union in the second quarter of 2025, compared with the previous quarter. While the reading slightly surpassed economist expectations of a flat growth rate, this marks a notable deceleration from the 0.6% and 0.5% expansions seen in the eurozone and EU respectively in the first quarter. Year-on-year, growth also eased a little, with the eurozone up 1.4% and the EU up 1.5%, both slightly below the pace seen earlier in 2025. "Although the slowdown is to a large extent a by-product of a misleadingly healthy Q1 number, broad-based weakness across national data indicates that the economy lacks momentum, with only a handful of countries blowing into its sails," said Riccardo Marcelli Fabiani, senior economist at Oxford Economics. Spain and Portugal shine, Germany drags The slowdown wasn't uniform across the continent. Spain stood out with the strongest quarterly growth at 0.7%, thanks to solid consumer spending, a rebound in business investment, and rising exports. "Spain is in another league, showing stubbornly robust dynamism. The moderate Q2 decline in Irish GDP suggests that there is ample room for further correction," Marcelli Fabiani added. Portugal and Estonia also delivered solid results, expanding by 0.6% and 0.5%, respectively. On the other hand, Germany shrank by 0.1%, ending a run of modest growth. It marked the country's first contraction since mid-2024. Related IMF chief: European lifestyle is at risk if productivity isn't boosted Spain's economy grows 0.7% as it continues to outshine eurozone peers The decline was mainly due to weaker investment in machinery and construction, although household and government spending still offered some support. Italy's GDP contracted by 0.1% in the second quarter, reversing the 0.3% gain recorded in the first quarter and defying market expectations of a 0.2% increase. It was the country's first contraction since Q2 2023, reflecting weak domestic demand and softening industrial activity. There was some good news from France, where the economy picked up more than expected. GDP rose 0.3% — the best result in nearly a year — helped by stronger domestic demand. Yet Oxford Economics remains cautious, noting that France's expansion paints an overly rosy picture, driven largely by stockbuilding, while both domestic demand and net trade actually dragged on GDP. Markets steady as investors digest US-EU trade deal Financial markets responded calmly to the data, with eurozone assets stabilising following recent volatility tied to the US-EU trade deal, which analysts broadly view as tilting in Washington's favour over Brussels. The euro was steady at $1.1550, recovering slightly after enduring its worst two-day drop since February 2023. The EURO STOXX 50 index edged 0.1% higher, while the broader EURO STOXX 600 was flat. French consumer staples were among the top performers, with Danone rising 6.7% and L'Oréal up 4% after reporting strong quarterly earnings boosted by Chinese demand. Nokia also rallied 5.4%. In contrast, Adidas fell over 6% following a revenue miss and a profit warning, while Mercedes-Benz Group dropped 1% after reporting a halving of its first-half profits and cutting its full-year revenue forecast below last year's €146 billion. Germany's DAX index was unchanged at 24,200 points, about two percentage points below its all-time high, while Italy's FTSE MIB climbed 0.3% to 41,350 points, its highest since July 2007 and eyeing its ninth positive session in the last ten. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


Bloomberg
16 hours ago
- Bloomberg
Barings Fuels Europe's Private Credit CLO Push With Second Deal
Barings has registered its second European middle-market CLO, just months after launching the region's first, stepping up efforts to tap new capital as private credit firms face a global fundraising slowdown. The asset manager filed the new warehouse — a short-term financing facility used to accumulate loans before they're securitized — with the Irish authorities on July 28.


Business Upturn
a day ago
- Business Upturn
Why are Indegene shares up 5% today? Explained
By Aditya Bhagchandani Published on August 1, 2025, 09:28 IST Shares of Indegene Ltd surged nearly 5% on Friday following the company's robust Q1 FY26 earnings, which showcased strong profit growth and margin improvement. The healthcare technology firm reported a 32.7% year-on-year rise in net profit to ₹116.4 crore, up from ₹87.7 crore in the same quarter last year. The sharp rise in earnings was supported by strong operational performance and increasing traction from recent client wins. The company's revenue for the April–June quarter climbed 12.5% to ₹760.8 crore, compared to ₹676.5 crore in Q1 FY25. At the operating level, EBITDA rose 20.7% to ₹156.4 crore, while margins expanded to 20.5%, up from 19.1% a year earlier — reflecting healthy cost control and improved scale of operations. Manish Gupta, Chairman and CEO of Indegene, highlighted the company's continued momentum, noting that Indegene posted 1.8% quarter-on-quarter growth in U.S. dollar terms. He said the performance indicates a strong start to the financial year and points to growing traction with clients and deal wins. CFO Suhas Prabhu stated that the company remains focused on inorganic expansion, particularly in Europe. In line with that, Indegene recently acquired Climacreative Spain SLU through its Irish subsidiary, marking a key step in its global growth strategy. Prabhu added that margins remained stable despite ongoing investments in scaling up engagements that help Indegene move higher up the healthcare marketing value chain. These initiatives, he noted, have begun contributing to revenue. Founded in 1998 as a pharma marketing and communications firm, Indegene has evolved into a digital-first healthcare solutions provider with a global footprint spanning the U.S., U.K., China, India, and Australia. With improving fundamentals and aggressive expansion, investor confidence in the company appears to be on the rise, as reflected in today's stock price jump. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.